The pr is good and solid not many pennystock companies can do this NuState Energy Holdings CEO Files Form 4 for 5 Million Shares of Common Stock Purchase
COLUMBIA, SC, Jan 05, 2015 (Marketwired via COMTEX) -- NuState Energy Holdings, Inc. (OTC PINK: NSEH) announced today Chief Executive Officer Kevin Yates purchased an additional 5 million shares of the company's common stock in the open market at the prices of $0.0005 and $0.0004 per share. This purchase brings the total number of shares of the company's common stock that Mr. Yates owns to 115,000,000. Mr. Yates' purchase is reflected in a Form 4 Statement of Change in Beneficial Ownership of Securities filed with the Securities and Exchange Commission.
As stated by Mr. Yates, "I firmly believe that the Company's publicly traded share price undervalues the true equity of our Company given our recent announcements in regards to The RONN Motor Group agreement and our world-wide marketing plan going forward. For this reason I elected to purchase these shares and further demonstrate my enthusiastic belief in our Company's business model and vision. We are all very excited about the possibilities for the company as a result of the agreement with The RONN Motor Group and I look forward to participating in the market with additional future purchases of the company's common stock."
About NuState NuState Energy Holdings, Inc. is a technology company specializing in providing pertinent, real-time information to the worldwide transportation, clean energy and security industries. NuState's proprietary software, GPSTrax, is built on an Open Architecture platform for the logistics and telematics industries.
For more information about NuState, email info@nsehinc.com or call (803) 748-1309. NuState is located at 1201 Main Street, Suite 1980, Columbia, S.C. 29201.
